Nextdoor (NXDR) CRO Kiernan Michael Sells 111,559 Shares

What Happened Kiernan Michael, Chief Revenue Officer of Nextdoor Holdings, sold 111,559 shares of Nextdoor Class A common stock on August 21, 2026 at $2.39 per share, generating roughly $266,314 in proceeds. The transaction is reported as a sale (S) and was executed in the open market.

Key Details

• Transaction date and price: Aug 21, 2026 — 111,559 shares sold at $2.39 each.
• Reported proceeds: approximately $266,314.
• Filing date: Aug 25, 2026 (filed within the SEC’s two-business-day Form 4 window for an Aug 21 trade).
• Footnotes: F1 — sale was made under a pre-established Rule 10b5-1 trading plan adopted May 22, 2026; F2 — filing notes inclusion of 2,500 shares acquired under the 2021 ESPP on Aug 14, 2026 (exempt under Rules 16b-3(c) and 16b-3(d)).
• Shares owned after transaction: not specified in the information provided in this summary — consult the full Form 4 for post-transaction holdings.

Context This was a straightforward sale carried out under a 10b5-1 plan, which generally indicates the trade was pre-arranged rather than a spontaneous signal about company prospects. For retail investors, purchases tend to be more informative about insider conviction; routine sales, especially under trading plans, are common and can reflect diversification, tax planning, or scheduled liquidity. For full details and holdings, review the complete Form 4 (Accession 0002059765-26-000003).